A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

A New Tax System (Goods and Services Tax) Act 1999

Chapter 4 - The special rules  

Part 4-1 - Special rules mainly about particular ways entities are organised  

Note:

The special rules in this Part mainly modify the operation of Part 2-2 so far as that Part deals with liability for GST and entitlement to input tax credits, but the special rules also affect other aspects of Part 2-2 and the other Parts of Chapter 2 .

Division 63 - Non-profit sub-entities    View history reference

63-27  Application of particular provisions relating to charities etc.  

Application of particular provisions

(1)  

For the purposes of the provisions mentioned in subsection (2), a * non-profit sub-entity of an entity (the parent entity ) is taken to be a body of the following type, if the parent entity is a body of that type:


(a) a non-profit body;


(b) a * gift-deductible entity ;
 View history reference


(c) a * government school ;


(d) an * endorsed charity ;
 View history reference


(e) a gift-deductible entity endorsed as a deductible gift recipient (within the meaning of the * ITAA 1997 ) under section 30-120 of the ITAA 1997;


(f) a fund, authority or institution of a kind referred to in paragraph 30-125(1)(b) of the ITAA 1997;


(g) a body that has a particular * gift-deductible purpose ;


(h) a body that operates a particular * retirement village ;


(i) a particular * school .

(2)  

The provisions are:


(a) subsection 9-17(2) (gifts to non-profit bodies not consideration); and
 View history reference


(b) Subdivision 38-G (Activities of charities etc.); and
 View history reference


(c) Subdivision 40-E (Schools tuckshops and canteens); and


(d) Subdivision 40-F (fund-raising events); and


(e) section 111-18 (reimbursement of volunteers ' expenses); and


(f) section 129-45 (Gifts to gift deductible entities); and


(g) Division 157 (Accounting basis of charities etc.).
 View history reference

(3)  

To avoid doubt, subsection (1) does not prevent the * non-profit sub-entity being a body of a particular type merely because the parent entity is not a body of that type.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page